OpenAI mulls funding round at US$1.2 trillion valuation ahead of IPO, FT reports
A funding round in March had led to the company being valued at US$852 billion
OpenAI is reportedly considering a funding round to increase its valuation to US$1.2 trillion before its IPO, according to the Financial Times. The company, known for its ChatGPT AI, had a funding round in March that valued it at US$852 billion. The potential new capital raise discussions with investors are at an early stage, and the figure may change in the coming months, as per sources familiar with the matter.
The talks were initiated by investors, not the company itself. OpenAI CEO Sam Altman has stated that the company will not go public in 2026 due to safety concerns surrounding artificial intelligence. Both OpenAI and Anthropic, its rival, are advocating for greater AI regulation to ensure responsible development. Anthropic is set to begin marketing its IPO in mid-October, with the listing scheduled shortly before the US midterm elections in November, as reported by Reuters earlier this month.
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Also reported by 4 other outlets
- OpenAI mulls funding round at $1.2 trillion valuation ahead of IPO, FT reports investing.com
- Sources: OpenAI has held early conversations with investors about raising another private funding round at a $1.2T valuation before its planned IPO (Financial Times) ft.com
- OpenAI in early funding talks at $1.2t valuation techinasia.com
- OpenAI mulls funding round at $1.2 trillion valuation ahead of IPO, FT reports channelnewsasia.com
